Making Closing Make More Sense

It’s no secret that closing on a property is a chaotic, confusing experience for most home buyers. Even experienced buyers purchasing their second or third home find the process intimidating: From last-minute changes in the money they must bring to the table to the mountain of confusing documents they must sign and supposedly review. Stories […]

The Four Secrets that Could Save You Big Bucks on Your Mortgage

In the mortgage industry, the landscape of lending has changed significantly over the past decade.   Getting a mortgage today isn’t the same process it was 10 years ago. That’s why you should know these four secret tips for saving big on your mortgage in today’s current market. Secret #1: Apply with the bank you already […]

I’m a teacher. Are there any lenders who offer discounts for mortgage applicants who teach?

Planning to Refinance? Here’s What You Need To Know

If you’re looking to refinance your home, it’s important to know the eligibility requirements before initiating the process. Learning this information on the front end can save you a lot of hassle and time, allowing you to streamline your efforts into finding the best rate possible. It can also help you avoid common snags along […]

Why Should I use a mortgage brokers to find the best mortgage instead of approaching lenders directly?

A Mortgage Broker or a Bank? The Best Path to Finding the Ideal Mortgage

How do you find the best deal on a mortgage, knowing that even a small difference in interest rate or rules can mean a significant amount of money saved? Should you go to a mortgage broker or bank to find it? Let’s first look at what brokers do. A mortgage broker is a middleman who […]

I’m in the middle of the loan process for buying a new home and am considering opening a new credit card account. Is this a bad idea?

Four Unspoken Rules of Buying a Home

A combination of warmer weather and the promise of rising interest rates will be enough to convince many potential home buyers that this spring is the time to look. If you’re one of those potential buyers, here are four unspoken rules of home buying you should know before starting your search. 1. Get pre-approved. If […]

Applying For a Mortgage in 2014? Don’t Do It Until You Read These Tips (Part 2)

You have rights as a borrower—know them. The Consumer Financial Protection Bureau’s new regulations were created to ensure that mortgage borrowers’ rights are protected. In fact, as a borrower, you have more rights this year than any previous year, thanks to the CFPB’s reform. Knowing your rights and exercising them in situations where you are […]

Should I just accept the mortgage loan terms a bank offers or can I negotiate those terms?

Applying For a Mortgage in 2014? Don’t Do It Until You Read These Tips (Part 1)

Thinking of getting a mortgage in 2014?  If so, there are a lot of changes happening.  Here are some tips on successfully navigating them and qualifying for the best mortgage available on the market: Refresh your financial record-keeping skills.  2014’s new rules require lenders to be especially thorough in requesting adequate documentation for borrowers’ income […]

Are Fannie Mae and Freddie Mac’s troubles over?